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20130101
20130101
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, political posturing, and the failure of congress to come together to solve problems on a bipartisan basis. we need to move forward. in the early mornings, the senate achieved that. should have been long ago, i understand ag, but we achieve this. i hope we can now approach this in a sober, honest, mature way. i took a look of the specific impact of this morning's vote on my state. 5 million families will be scared a tax increase, almost all of them the working families are described earlier. without an agreement, the average family would have faced an increase in taxes of more than $2,000. half a million families in my state will continue to receive college tuition tax credits, as much as $1,000 of assistance each year, which i am sure is a helping hand. families raising children will continue to benefit from the child tax credit, a yearly savings of about $1,000 on average. nearly a quarter of a million families benefited from the early in pumps -- from the earned income tax credit last year. thousands of illinois children will continue to have access to school readiness programs like hea
of -- and house republicans have to band together because house democrats are not going to support those spending cuts and it is true. congress had a long time to deal with this, even since the election they had two months, waited until the last second. boehner couldn't pass the so-called plan b bill. he lost a lot of leverage on this. this is very tricky for john boehner and his lieutenant. they have a relatively narrow house majority, polls show that the fiscal cliff blame would be mostly on them, not the president. not on democrats. that might change. but this is a very risky move if we go well into january with this unresolved. >> and you got to wonder if the house republicans are kicking themselves for not passing the plan b, which allowed for tax rates on people making a million or more since the figure that passed was significantly less at 400,000. bob cusack, thank you. we appreciate you being with us. >> thanks, deb. >>> well, developing this hour in alaska, on a shallow and rocky shore line near the uninhabited kodiak island, a huge oil rig has run aground. it has run aground. the coast
. ohio's steve la tourette dismissed it as a, quote, package put together by a bunch of sleep-deprived october octogenenarians on new year's eve and the alabama representative said the house needs more time. >> the house must postpone this vote until congress and the american people have time to study and evaluate this extraordinarily complex legislation and its impact on taxes, revenue, the economy our debt and a myriad of other issues. >> woodruff: tennessee democrat steve cohen warned about the consequences of not taking the senate deal. >> my district can't afford to wait a few days and have the stock market go down 300 points tomorrow if we don't ghettoing and do something. >> woodruff: later house democratic leaders emerged from a nearly three-hour meeting with vice president biden who helped broker the senate deal. minority leader nancy pelosi called for action. >> we look forward now as we go forward in this day to see what the timing will be for a straight up-or-down vote on what passed 89-8 last night in the united states senate. >> woodruff: house republicans also m
Search Results 0 to 2 of about 3